Around the world, being in a car accident has become an all-too-common experience. If the unfortunate happens, you will at least hope the individual follows the law, swaps information with you, or even stops to check on you.
It would also be great if they had insurance coverage that could cover your medical and hospital bills, the disruption to your work and life, and repairs to your vehicle. But what if the car that hits you flees the scene? What will you do? Will you be able to recover your losses? You’ll find the answers in this article.
Hire hit and run accident attorneys if someone crashes into you and runs away from the scene. Hit-and-run accidents are overwhelming, leaving you unsure how to recover your losses. If you are a hit-and-run victim, you can seek compensation even if the at-fault driver is yet to be identified.
While hit-and-run accident victims have just a few options to get financial recovery, they must take swift action.
How You Can Recover Your Losses After a Hit And Run Accident
Hit-and-run accident victims suffer not only the physical pains of their injuries but also the anxiety of uncertainty concerning the recovery of their losses. To increase your chances of getting a fair settlement for your losses, ensure to follow the steps below;
Gather All the Necessary Information You Can at the Accident Scene
In the aftermath of a hit-and-run accident, gather as much information as possible. Take note of the model and make of the at-fault driver’s vehicle, the license plate number (if visible), and other details like the driver’s appearance and facial structure. If there are witnesses around, ask them for their contact information.
Contact the Police
Make sure you report the accident to law enforcement as soon as possible. Give them all the details and information you gathered at the accident scene. You can also provide them with any information to help them identify the party responsible for the accident. A quick police report is essential for further investigations.
Quick reminder – do not chase the fleeing driver; leave that to the police.
Contact Your Insurance Company
Be sure to notify your insurance company about your hit-and-run accident. Depending on your insurance policy, your insurance company may offer coverage for any loss or damage through UM (Uninsured motorist) coverage.
If UM coverage is part of your insurance policy, it can cover your losses from the hit-and-run accident. This coverage protects you when the party at fault does not have insurance or is unidentified.
Through Collision Coverage
A collison coverage covers losses and damages to your car, irrespective of who is responsible for the accident. Your collision coverage is invaluable if your vehicle was damaged in the accident. However, you must know the two significant aspects;
Deductible: You must evaluate the cost of your deductible and the chance your premiums will rise against the premium costs. In most cases, it’s more economical to handle minor repairs out-of-pocket.
Optional: In most car insurance policies, collision coverage is optional. So, you must check with your insurer to see if your policy covers collisions.
